Business Directories

Oil prices extended gains in Asian trade on Thursday, after a larger than expected draw in US crude and gasoline stocks strengthened the outlook for oil demand.
But gains were capped by a stronger dollar and despite the drop in oi

Oil prices extended gains in Asian trade on Thursday, after a larger than expected draw in US crude and gasoline stocks strengthened the outlook for oil demand.
But gains were capped by a stronger dollar and despite the drop in oi

The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright.
The UAE said it would raise domestic prices for g

The United Arab Emirates said it would raise domestic prices for gasoline and cut them for diesel in a politically sensitive reform designed to save the government money and encourage motorists to use fuel more efficiently.
The pr

The United Arab Emirates said it would raise domestic prices for gasoline and cut them for diesel in a politically sensitive reform designed to save the government money and encourage motorists to use fuel more efficiently.
The pr

Major crude oil producer Nigeria aims to overcome its chaotic and crumbling refining sector to produce at least a fraction of the gasoline it needs to use itself.
Its state oil company hopes that domestic plants can cover 20 perce

Crude oil rose more than $1 to above $58 on Thursday as supportive economic data from Germany and gasoline demand lifted prices.
Brent crude oil is still down about 8 per cent this month, however, thanks to worries about the Greek

Oil prices slipped on Thursday after US government data showed that gasoline stocks and distillate inventories rose last week, although the falls were checked by continuing Middle East geopolitical tensions and a weaker US dollar.

Middle Eastern oil producers Saudi Arabia and the UAE will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming exporters of the motor fuel.
Th

Middle Eastern oil producers Saudi Arabia and the UAE will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming exporters of the motor fuel.
Th